A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] The internationalization ...

For years, China reportedly depended heavily on labour-intensive industries such as garments, furniture and household goods, ...

On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...

Use our currency converter to find the live exchange rate between CNY and RUB. Convert Chinese Yuan to Russian Ruble ...

Use our currency converter to find the live exchange rate between CNY and GHS. Convert Chinese Yuan to Ghanaian Cedi ...

On Saturday, Chinese President Xi Jinping made it public: he wants the renminbi, China’s currency, to become a “powerful currency” that ultimately replaces the dollar as the global reserve currency – ...

Xi Jinping has laid out an explicit goal for China’s currency, urging that the renminbi evolve into a widely used international unit that can eventually be held as a reserve currency. In an essay ...

China is pivoting from its digital yuan (e-CNY) to explore stablecoins amid growing use of USDT and USDC in trade. Hong Kong has passed new laws allowing regulated firms to issue fiat-backed ...

A more multipolar currency landscape — in which the Chinese renminbi could play a much larger role — is gaining traction, as ...

Today China is spending about 1% of its GDP a month to keep its currency from appreciating - it is on track to spend about 15% of its GDP fighting appreciation this year. And unless something changes, ...

While China’s delegation to Davos seems a bit less than enamored with the dollar, the People’s Bank of China seems have read last week’s Economist, and concluded that there is no need to change the ...